The optimization of turbine density in wind farms entails a trade-off between the usage of scarce, expensive land and power losses through turbine wake effects. A quantification and prediction of the wake effect, however, is challenging because of the complex aerodynamic nature of the...

According to assumptions adopted by the European Union, energy production from renewable energy sources (RES) on a community-wide scale will reach 20% by 2020. One way to achieve this ambitious target is to develop wind energy. However, its evaluation is inconclusive. Among the benefits, its...

This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...